6 UNIT MULTI FAMILY WITH A CAP RATE OF 15% (Had 2 puts as 4 unit)

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6 UNIT MULTI FAMILY WITH A CAP RATE OF 15% (Had 2 puts as 4 unit)

Bronx, NY · Member since 2018 · 43 posts · 7 votes

Unit 5 Details

Occupied 

Rent: $450

Bed: 1 Bath: 1

Unit 6 Details

Occupied 

Rent: $425

Bed: 1 Bath: 1

*Unit 1 rent is really $525 but gets a $50 rebate for snow removal and lawn care.

*Unit 4 rent is to be increased $50 in February 

*Unit 5 rent is to be increased $50 in May

Numbers:

Total income $33,600/annually 

Expenses 

Taxes $2,556.55/annually 

Insurance $1,700/annually

Village of Wellington Building  $3,322.40/annually 

Gas for all units $1,006.61/annually 

Misc $1,014.64/annually 

Net income $23,999.80

If you would like more info or photos drop your email below or email me at [email protected]

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  • Bronx, NY · Member since 2018 · 43 posts · 7 votes
    7y

    Still available...

  • Bronx, NY · Member since 2018 · 43 posts · 7 votes
    7y

     partnership is also welcomed on this deal

  • Rental Property Investor · Springdale, MD · Member since 2018 · 65 posts · 24 votes
    7y

    dropping my email for more info - [email protected]

    thanks

  • Member since 2019 · 3 posts · 1 vote
    7y

    Hi Quintin, is this property still available?

  • Rental Property Investor · Member since 2018 · 70 posts · 21 votes
    7y

    interested! - [email protected] 

  • Keith GraysonPro Member
    Oakland, CA · Member since 2016 · 8 posts · 1 vote
    7y

    Hello @Quintin Grant,

    Is this unit still available? If not, what other units do you have for sale? 

    Feel free to send me an email at: [email protected].

    I look forward to speaking with you Quintin.

    Best regards,

    Keith Grayson 

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